205 Shadows DR
About This Property
Welcome to 205 Shadows Drive, a stunning, move-in-ready home offering the perfect blend of modern luxury and relaxed Hill Country living. Nestled on an expansive .65-acre lot (spanning 3 parcels) in the gated Lakeside Beach community, this property is a dream come true for lake lovers and entertainers seeking a serene escape near Lake Travis.
INTERIOR HIGHLIGHTS:
Open-Concept Layout: Bright, airy floor plan featuring dramatic vaulted ceilings accented by rustic wood beams.
Modern Finishes: Gourmet kitchen boasts crisp quartz countertops, stainless steel appliances, and an entirely carpet-free interior.
Flexible Design: 3 spacious bedrooms and 2 pristine bathrooms, perfectly designed for full-time living or a weekend getaway.
OUTDOOR LIVING AND AMENITIES:
Massive Fenced Backyard: Enjoy an expansive sun deck and covered porch, the ultimate setup for entertaining.
Toy-Owner's Paradise: Ample on-site space for secure RV and boat parking.
Exclusive Community Perks: Access to a private Lake Travis boat ramp, lakefront park, community pool, and gated security, all with a low tax rate!
PRIME SPICEWOOD LOCATION: Just 30 minutes to both Lakeway and Marble Falls. Schedule your tour of 205 Shadows Drive today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 21, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Jun 26, 2026 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$359,000
↓ $20K
(5.3%) | |
| Price Decreased | |||
| May 17, 2026 | Price Decreased |
$379,000
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Apr 19, 2026 | Price Decreased |
$389,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017